Automaker Nissan is recalling over 50,000 of its Cube hatchbacks in the U.S. and Canada because of the risk of fuel spills during rear-end collisions. The National Highway Traffic Safety Administration (NHTSA) discovered the problem while conducting tests on the vehicles. More fuel spilled than allowed by federal standards during rear end crash tests at [...]
Incoming CP CEO Bob Dudley is expected to discuss the company’s long-term recovery plan in the Gulf of Mexico during a news conference in Mississippi on Friday. BP also announced Friday that it will set up a $100 million charitable fund to support unemployed oil rig workers experiencing economic hardship due to the deepwater drilling [...]
The U.S. Court of Appeal for the 9th Circuit has reinstated a class action lawsuit brought against banking giant Capital One for unfair competition and deceptive lending. The charges are based on the company offering a “fixed rate” on credit cards without giving consumers clear and conspicuous warnings that the rate was subject to increases.